FRANCE has come out poorly in a measure of the tax-to-GDP ratio of European countries, with its residents experiencing one of the steepest increases.
The ratio is a measure of the sum of taxes and social contributions as a percentage of GDP, and official Eurostat figures show that in the EU it stood at 38.8% in 2011, with France seeing a rate of 43.9%.
And between 2010 and 2011, France had one of the largest increases in tax-to-GDP ratios from 42.5% to 43.9%, with other sharp increases seen in Portugal (from 31.5% to 33.2%) and Romania (from 26.7% to 28.2%).
Overall France was fourth in the measure of tax-to-GDP behind Denmark (47.7%), Sweden (44.3%) and Belgium (44.1%).
French corporations faced the highest tax rates in the EU, standing at 36.1%, with an average across the EU of 23.5%, with individual countries such as Ireland having a rate of 12.5%.
With the cost of running a company in France hampering employment prospects and growth, it seems François Hollande's government faces a difficult task to change the perception that France is an expensive place to do business.